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Minera Alamos Announces Stock Option Issuance

Share Capital & Compensation

Minera Alamos Announces Stock Option Issuance

Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - July 17, 2019) -

Minera Alamos Inc.

(TSXV:

MAI)

("Minera Alamos" or the "Company")

The Board of Directors of Minera Alamos has approved the issuance of up to

9,000,000 options to Management, Directors, Employees and Consultants pursuant to its stock option plan. The options are

exercisable at a price of $0.16 and expire in five years.

For Further Information Please Contact:

Minera Alamos Inc.

Doug Ramshaw, President

Tel: 604-600-4423

Email:

[email protected]

Website:

www.mineraalamos.com

About Minera Alamos

Minera Alamos is an advanced-stage exploration and development company with a growing portfolio of high-quality Mexican

assets, including the La Fortuna open-pit gold project in Durango with positive PEA completed and the Santana open-pit heap-

leach development project in Sonora with test mining and processing completed. The Company is awaiting the final approval of

permit applications related to the commercial production of gold at both the Santana and Fortuna projects.

The Company's strategy is to develop low capex assets while expanding the project resources and pursue complementary

strategic acquisitions.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN

THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY

OF THIS RELEASE.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/46335